Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

National Super Tour Takes To The Road

National is taking to the road this week to explain why it doesn't support the Government's superannuation fund.

A four-person taskforce - Finance spokesman Bill English, frontbenchers Dr Lockwood Smith and Tony Ryall, and Senior Citizens spokeswoman Dr Lynda Scott - will travel the country in coming weeks to discuss National's position on the issue dubbed the 'cornerstone' of next year's election battle.

"This debate is bigger than just superannuation. It's about the sort of New Zealand we want to live in and how we can lift the standard of living of all New Zealanders," Bill English said.

"National will use the Super Tour to discuss options for its policy on savings. We are interested in people's views on savings incentives and individual accounts.

"National supports Part 1 of the New Zealand Superannuation Bill which guarantees the future level of pension entitlement. It doesn't support the second part which sucks billions of dollars from the Government's purse for a huge superannuation savings account.

"The Finance Minister's plans to commit on average $2 billion a year for the next 25 years to fund the scheme will cause too much pain now, for too little gain in the future.

"Savings matter, but not at any cost. We are already seeing the pressure the Superfund is placing on key areas like health and education spending and the Government will have increasing difficulty trying to meet the required contributions.

National's Super Tour begins in Coromandel on Thursday and will travel the country over the next eight weeks.

Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why Shipping Is NZ’s New Trade Problem

So Jacinda Ardern and Theresa May have signed a piece of paper promising peace in our time when it comes to our trade with Britain... Right now, a statement from Theresa May on Brexit has as much credibility as a statement by Donald Trump about North Korea’s plans for scrapping its nukes. Despite her recent crushing defeat in the Commons, May is continuing to playing chicken with Britain’s future, for personal and party advantage.

Brexit is not the only concern... More>>

 

KiwiBailed: KiwiBuild Head Officially Resigns

The head of Kiwibuild, Stephen Barclay has officially resigned from the role. In a statement issued on his behalf, it was announced that he would step down from today [Friday]. More>>

ALSO:

Welfare Stats: Rise In Hardship Numbers Shows Income Inadequacy

The latest Ministry of Social Development quarterly report show that a record number of people have received hardship assistance from work and income, with an additional 40,000 hardship payments made between September and December 2018, compared to the previous quarter of the same year... More>>

ALSO:

DHBs "Prepared": Junior Doctors Strike Again

The needs of acute patients will be met during tomorrow's junior doctor strike, a DHB spokesperson says... Almost 3000 junior doctors are expected to walk off the job, which will affect all DHBs apart from West Coast District Health Board. More>>

ALSO:

Gordon Campbell: On MBIE’s Social Media Scam

Given the ambit of MBIE’s work, almost any form of social activity could qualify as being part of MBIE’s brief, so the privacy threats posed by this training programme are extensive. The current oversight safeguards seem threadbare to non-existent. More>>

ALSO:

JusTrade: New Campaign For A 21th Century Trade Agenda

‘Critique is no longer enough. If anything is to really change, we need to step away from the existing framework and take a first-principles approach to rethinking what will work for the 21st century.’ More>>

Earlier:

Gordon Campbell: Thompson + Clark Are The Tip Of The Iceberg

How can we tell where and how any lines are being drawn? Oversight is not exactly robust. If it were, Thompson + Clark would have been out of contention for state security work ten years ago. More>>

Trainers: Taratahi Institute of Agriculture In Interim Liquidation

Taratahi employ 250 staff and this year has provided education to over 2500 students. Taratahi owns and manages 8 farms throughout the country. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels